(QQQM)

QQQM trades at $238.28, 5.9% above the near-term max pain of $225 expiring Sep 19, 2025 (10 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($195-$225), signaling increased put positioning or downside protection. Key magnetic zone at 225 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for QQQM shows a downward trend from 225 to 195, indicating bearish sentiment or hedging activity. The 14% spread signals divergent expectations across timeframes. Most levels below 238.28 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.